Materials by tag UAE

The United Arab Emirates (UAE) Securities & Commodities Authority (SCA), a regulatory body, has officially approved Initial Coin Offerings (ICOs) tokens as securities and a full framework is expected to be revealed in mid-2019, Arabian Business and TheNational.ae, a local news outlet, reported.

The UAE government has taken a significant step in understanding the general principles on which the fintech is based. Last Sunday, the UAE Securities and Commodities Authority (SCA) officially agreed to regulate ICOs and recognize tokens as securities for the welfare of the nation.

ConsenSys has officially launched a 12-week Ethereum Blockchain developer programme in full support of one million (1m) Arab Coders, a development by the Dubai Future Foundation, created to array and fully equip juvenile Arabs with coding skills and education.